Russian Oil Prices

Russia Oil Prices Plunge to War Low Amid Sanctions and Market Shifts

Russia Oil Prices Hit Lowest Since War Began on Western Pressure, and this fact throws a spotlight on the effectiveness of the economic pressure being applied. It’s a significant development, especially when we consider the context of the ongoing conflict in Ukraine and the various sanctions imposed on Russia. We’re seeing Russian crude oil prices now trading at levels not seen since the beginning of the war, a stark indicator of the struggles faced by the nation’s oil industry. The discounts required to sell Russian oil have deepened, and this is a direct consequence of the sanctions and the overall market dynamics.… Continue reading

Russia’s Economy Slows Sharply Amid War, Sanctions, and Falling Oil Prices

Russia’s GDP growth plummeted to 1.7% in Q1 2025, a significant slowdown from the previous quarter’s 4.5% and the weakest performance since Q1 2023. This decline is attributed to factors including the Central Bank’s tightening policies, ongoing sanctions, and supply chain issues. Industrial growth significantly weakened, with mineral extraction contracting and non-resource sectors slowing considerably. Experts even suggest a recession in civilian goods production, impacting various sectors including food production and construction materials.

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